Damon Dash and the court-blocked Jay-Z NFT
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the court order barring Damon Dash from auctioning an NFT that the Roc-A-Fella record label claims is an attempt to sell off copyright in Jay-Z’s ‘Reasonable Doubt’ album that he does not own, and the private Universal Music share deal that edges it closer to a public stock market listing. SECTION TIMES 01: Jay-Z NFT (00:7:38) 02: Universal Music (00:23:57) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Damon Dash sued over Reasonable Doubt NFT • New York court blocks Damon Dash from selling Reasonable Doubt NFT – for now • Vivendi finalises $4 billion deal to sell 10% of Universal Music ahead of stock market listing • Vivendi shareholders approve plan for spinning off Universal Music ALSO MENTIONED • Andrew Lloyd Webber says he will not defy COVID-19 rules to open his new musical at full capacity this week • UK ministers refusing to published Events Research Programme results for PR reasons is causing more cancellations, says Kendal Calling • MPs join industry in criticising delay in publishing findings of UK government’s Events Research Programme • UK government now says Events Research Programme findings “likely” to be published “shortly” MORE FROM CMU • Book your place on CMU’s weekly webinars • Buy MMF and CMU Insights’ Dissecting The Digital Dollar book on Amazon • Sign up to receive the CMU Daily news bulletin